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Ethereum Dips Despite ETF Launch; Pull Back to a New High?


The global crypto market has experienced solid bearish sentiment in the last 24 hours as the Ethereum (ETH) token takes a major hit. As tracked on CoinMarketCap, the ETH token recorded an 8.20% loss, pushing its price to $3,141. This negative sentiment is largely attributed to Tuesday’s...

Philippines Plans CBDC Launch by 2029 Under Project Agila


The Philippines has also set its sights on releasing its own central bank digital currency (CBDC) by 2029 to create a wholesale form of currency. Project Agila, the initiative of the country’s central bank, is steadily approaching the Proof of Concept stage. This initiative will investigate...

South African Startup Neonomad to Launch Rand-Backed Stablecoin


Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...

Ethereum Market Stagnation Marks Tepid Trading Day Despite ETF Launch


Ethereum’s price exhibited volatility on Tuesday, coinciding with the launch of U.S. spot ether exchange-traded funds (ETFs) on Wall Street. At around 5 a.m. EDT, ETH surged to an intraday high of $3,540 per coin but later dropped to approximately $3,406 by 12:55 p.m. in the afternoon....

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